Giottus Review 2022: Is It A Scam? Research-Backed Analysis Report

Giottus Review 2022: Is It A Scam? In-Depth Review

Table of Contents

Giottus is a leading crypto exchange, specially designed keeping in mind the Indian crypto investors. The platform serves as a one-stop shop for all crypto-related investments and trading services. Let’s know more about the platform with our in-depth Gottus review 2023. 

The platform’s most highlighted features, such as free tokens, easy buy/sell, and bilingual customer care assistance, make it a good crypto-investing venue for active traders.

However, beginners may find it difficult to decide whether the platform is worth their money because of the lack of information about it on the internet. So, we reviewed the platform and gathered the comprehensive details in one place in this Giottus review 2023. 

In this detailed review, we will determine whether this exchange can be considered among the best in India through a series of essential information, including its fees, trading platforms, and security features. 

Quick Overview

Websitewww.giottus.com
Establishment Year2017
FounderVikram Subburaj (Co-founder & CEO), Arjun Vijay (Co-founder & COO)
ServicesCrypto Investing & Trading
Available CryptocurrenciesBitcoin, Ethereum, Chainlink, Bitcoin Cash & many more
Deposit MethodsBank Transfer
Trading Fees0.20%
Withdrawal Fees0.0006BTC
Customer Support24/7 multilingual
Giotus Exchange Ranking4.7/5

An Introduction To Giottus Exchange 

It is an Indian crypto exchange founded in 2018 by IIM Alumni Vikram Subburaj and Arjun Vijay. Currently, the platform solely focuses on offering Crypto-centric products, such as Crypto spot exchange, SIP, Coin basket, Staking and Crypto FD. 

The platform was launched with the idea of supporting the mass adoption of cryptocurrencies. Impressed with the crypto boom in 2017, the team behind the project planned to create an exchange that suited both beginners and crypto trading experts. 

Their vision came true in 2018 when they launched this power-packed crypto trading platform capable of handling high-speed transactions with robust security features. 

The first-in-itself Indian Crypto exchange operates headquarters at Chennai (2nd Floor, Indicube, 1, OMR Service Rd, above decathlon, Santhosh Nagar, Perungudi, Chennai, Tamil Nadu 600096). Meanwhile, the Crypto trading platform has millions of active users with a whopping trading volume of about $150 million

Is Giottus A Scam?

No, Giottus is not a scam crypto exchange, as it is a registered financial service provider in India. Let’s clarify one thing for investors looking for regulatory compliance for this exchange. As digital Assets are not backed by a central bank or any other financial regulator, crypto exchanges don’t require any license to carry out their operations. 

However, there are many other ways to get a clear idea of whether Giottus is a scam or legit. So, let’s start with its history – the exchange has been in the Indian crypto industry for more than 4 years, and still, there is not a single scam-related complaint against it. 

At the same time, the market reputation of the broker tells a lot about its legitimacy. The platform has a majority of positive reviews from existing users on different review platforms. Here’s the platform’s rating from different social networks. 

  • Google – 4.8/5
  • Facebook – 4.9/5
  • Trustpilot – 4.7/5

According to our unbiased Giottus review 2023, we can conclude it as a legit crypto exchange with appreciative users rating; henceforth, the safest platform to invest and trade with. 

What Can You Do With Giottus?

What’s better than having everything in one place? The crypto exchange serves the same purpose. It is a multi-purpose exchange that covers a range of crypto investment and trading products. Thus, users can trade, earn and invest in cryptocurrencies all at the same time. 

Let’s have an in-depth look at the exchange services: 

Giottus Trade

Regarding the trade feature, the exchange seems to offer exceptional trading conditions through spot exchange and P2P trading, along with competitive fees. The platform’s Easy Buy/Sell feature makes it a good choice for beginners and expert crypto traders. 

Giottus Invest

The ‘Invest’ feature is so helpful for beginner investors as they can hassle-freely invest in popular crypto coins and tokens. The platform allows investors to directly invest in Cryptocurrencies or indirectly through crypto-related products like Crypto SIP, Crypto Fixed deposits and Crypto baskets. 

Giottus Earn 

The next interesting feature of the platform is “Earn,” an easy way to make extra money on the platform. The earning program is quite popular among investors as it provides the three easiest ways to make money on the platform: Referral program, Staking and Lending.

Giottus Fee: Is It According to Industry-Average? 

Let’s evaluate the exchange’s fee structure in this section of Giottus review 2023. The platform charges fees in two ways: Trading fees & Withdrawal fees. So, let’s evaluate whether the platform fee is above the industry average. 

Trading Fee

The platform charges a trading fee in the taker/maker model, where a buyer pays 0.25% and the seller pays 0.15% on every order. The fee is slightly above the global industry averages, around 0.20-0.25% per order. However, the platform still claims its trading fees are lower than other Indian crypto exchanges. 

Giottus Withdrawal Fees

Exploring the platform’s fee structure, we found a withdrawal fee of 0.0006 BTC per withdrawal. The withdrawal fee matches the global industry average of around 0.000643 BTC per BTC withdrawal.

Giottus Review 2023: Supported Payment Methods For Deposit & Withdrawals?

The platform doesn’t support many payment methods for deposits and withdrawals; it keeps the list minimal. While card payments are not supported on the platform, it offers other convenient ways.

Payment MethodProcessing Time
IMPSInstant
NEFTInstant
RTGSInstant
UPIInstant

What Products Does Giottus Offer? 

The platform has a range of crypto-related products that will never make you think about switching to another crypto trading app. You’ll find a good selection of crypto investing and trading products. 

Let’s have a brief look at each of the products: 

Easy Buy/Sell

Through the Easy buy/sell feature, traders can experience a streamlined trading process. The platform’s high liquidity lets traders buy cryptocurrencies and sell them whenever possible. Traders must pay a 0.25% trading fee for every order placed. 

Spot Exchange

It is one of the few Indian exchanges supporting spot trading. The feature allows Indian investors to buy, convert, deposit and withdraw multiple cryptocurrencies instantly.

Giottus SIP

The platform’s SIP is one such feature that attracted our attention and probably everyone that is visiting the website. This investment product allows investors to invest in Cryptocurrencies at regular intervals. The feature hedges against the market’s high volatility. 

Crypto Basket

The Giottus basket feature makes crypto investing simpler than ever before. The Basket offers a curated selection of crypto investments together with an expert strategy. The Crypto baskets are categorized into four types: 

  • Beginner’s Luck
  • Crypto Largecap Basket
  • De5 Basket
  • Metaverse Basket
  • DeFi Basket
  • Low-risk Basket
  • Destination Moon
  • All weather investments

Giottus Fixed Deposit

The fixed deposit function allows the crypto investor to earn fixed returns on their crypto holdings. The interest rates are above the global industry average. 

Here are Gottus fixed deposit interest rates (APY %): 

  • USDT – 20%
  • AXS – 36%
  • APE – 12%

Giottus Lending

Lending is an upcoming feature of the platform. You can lend your crypto holding and earn high returns. The program’s detailed information is currently unavailable. 

Giottus Staking

Staking can be said to be the USP of the platform. You don’t need to stake your crypto holding for a fixed term. However, there are different principle lock-in periods for various crypto assets. The platform claims to offer the best interest rates on staked assets. And these claims seem to be legit. 

Giottus Referral Program

The platform’s new referral 2.0 program has enhanced benefits compared to its previous counterpart. It gives you a once-in-a-lifetime chance to win upto 10,000 free tokens.

For every qualified referral, you will win 5 coupons. (To become eligible, your referral contact must have traded at least once on the platform). On top of that, you will also get the 60% of your referral fee for up to 1 year. 

How Does Giottus Referral Program Work? 

Understand the referral program following the below-mentioned steps through this detailed Giottus review 2023:

Refer Your Contact

Firstly, click on the “Refer and Earn’ icon on the homepage. You’ll get up to 100% of your contact’s trade fee for every successful referral. In addition to that, you will also get one coupon to spin the wheel. 

Follow the Exchange Official Account on Social Networks

The next step is to follow and post about the company on social networks like Facebook, Google, Twitter, Play Store and App Store. Additionally, you will also get one coupon to spin the wheel. 

Spin the Fortune Wheel

Now, you will be able to spin the fortune wheel with the coupon you won at levels 1 and 2. The rewards of the Fortune wheel include winning of up to 10,000 free Tokens. 

What Are The Coins Available In Giottus?

The platform offers to trade in 100+ cryptocoins and 30+ crypto trading pairs. Here’s a list of some prominent cryptocurrencies available on the platform:

CryptocurrenciesCrypto Trading Pairs
BitcoinDOGE/USDT
EthereumSHIB/USDT
DogecoinADA/USDT
ChainlinkLINK/USDT
AvalancheALGO/USDT
ApeCoinETC/USDT
CardanoBTC/USDT
Shiba InuFTM/USDT
TRONAVAX/USDT
XRPTRX/INR

Giottus Review 2023: Available Platforms & User-Interface

The official website of the exchange looks attractive with the contract of colors. After scrolling down the web, we found several users praising the platform for being super-friendly and well-sorted. All the functions of the platform are easy to navigate and work perfectly. 

Currently, the platform offers services through Web and Mobile App. Both platforms are best suited for both novices and professionals alike. 

Web-based Platform

The website has everything for every sort of crypto investor. You can trade, earn, and invest in cryptocurrencies directly through the web platform. Take a look at some of the features of the web platform:

  • Access to a range of cryptocurrencies
  • Advanced Trading tools
  • 24×7 customer support
  • Rich educational resources

Giottus App

The mobile app was launched with the intention of making it available to every Indian investor. But the language was the biggest barrier; however, it also gave an idea to the developer to launch India’s first multi-lingual crypto app. 

You can use the app in multiple languages as well as talk to the customer care executive in your local language. At the time of writing, the app was downloaded 65K times on iOS devices, while the numbers were 501K for Android devices. 

Here are some main features of the Giotuss mobile app: 

  • Available for both iOS and Android
  • Access to a range of cryptocurrencies
  • Advanced Trading tools
  • 24×7 multilingual customer support
  • Rich educational resources

Giottus Sign-Up: Detailed Procedure

Creating an account on the platform is quick and easy. You don’t need to wait for days to complete the verification process; instead, it takes only a few minutes to a few hours. Here’s a step-by-step process on ‘How to register in Giottus’:

  • Firstly, click on the ‘Login’ icon on the homepage. Now, select ‘Register’ for sign-up. Fill in the following fields during Registration – First Name, Last Name, Email id, Password, Mobile Number and Referral Code. 
  • After registration, you will receive an email verification link; click on the link to verify your account. After that, you must verify your mobile number by entering the OTP.
  • Complete the Giottus KYC verification by uploading a copy of your government-issued identity documents, such as your Aadhar card and Pan Card. 
  • Following the KYC procedure, you will be redirected to the “Add Bank Details” page. Enter your bank details for deposits and withdrawals of funds.
  • Hurray! You have completed the registration process. Now, sign in to your account using the Giottus login credentials. 

Pros and Cons

Take a look at some of the advantages and disadvantages of the exchange platform. It will give you a clear idea of whether the platform is worth your time or not. 

ProsCons
Easy To Use Platform Limited to Indian Investors
Advanced Mobile Trading App
Hassle-free Deposits & Withdrawal
Competitive Fee
24×7 multilingual customer support

Customer Support

The exchange platform has an exceptionally well customer support team that can help you use and understand the platform more efficiently. Whether it’s an account opening, a problem downloading the Giottus apk, they have answers to all.

The best part is they work round the clock to serve their clients. Here’s how you can contact customer care:

Email: [email protected] 

Giottus customer care phone number Or Giottus toll-free number: +91 78248 78248

Live chat

Does Giottus Offer Research and Educational Support?

Yes, the platform offers different trading tools for research and educational purposes. However, this is the point where the exchange is lacking. Unlike other competitors, it offers a limited selection of educational content. The available educational support on the platform includes: 

What Are The Best Giottus Alternatives?

While Giotuss claims to be the best crypto exchange, many still offer more features. So, for people looking for the best alternatives, we have found 3 recommended names. So, let’s compare and see whether they win over this platform or not.

Giottus vs InvestBy

FeaturesGiottusInvestBy
AssetsCryptocurrenciesForex, commodities, Cryptocurrencies, Stocks and Indexes
RegulationsNot RegulatedNBRB
Customer Support24×624×7
Trading PlatformsWeb and AppWeb, MT4 and Mobile App
Fees & Commission0.25%(Maker) & 0.15% (Taker)No Commission
Demo AccountN/AYes

Giottus vs Wazirx

FeaturesGiottusWazirX
Supported Cryptos19275+
Trading Fees0.25%(Maker) & 0.15% (Taker)0.20% (Maker) & 0.20% (Taker)
Withdrawal Fee0.0006 BTC0.0006 BTC
Customer Support24×624×7
User Ratings4.7/53.5/5

Giottus vs Coindcx

FeaturesGiottusCoindcx
Supported Cryptos19200+
Trading Fees0.25%(Maker) & 0.15% (Taker)0.20%(Maker) & 0.20% (Taker)
Derivatives Trading N/AAvailable
Withdrawal Fees0.0006 BTC0.0005 BTC
Minimum Deposit$0$ 10

The Final Verdict On Giottus Review 2023

This detailed Giottus review 2023 indicates that it is a fast-growing Indian Crypto exchange and trading platform with a reasonable order book of transactions, trading fees and expanding trading volume in crypto. 

Additionally, India’s top-tier crypto exchange has gained millions of customers in 5 years alone. Their goal is to build an exchange to help the masses become a part of the digital currency revolution easily. And our verdict on exchange finds it true. 

FAQs

How to Deposit in Giottus?

For Gottus deposit, follow these simple steps: 

  • Open the Dashboard, and tap on INR Deposit.
  • Specify the amount, choose the IMPS/UPI/RTGS/NEFT payment method, and click on Deposit.
  • Send the deposit amount to the account details provided. 
  • After transferring the money, enter the transaction/reference ID.
  • The depositing will take up to 30 minutes to process. 

Why Giottus App Not Opening?

The app may not work due to technical glitches or ongoing site maintenance. In this case, you should wait and try after some time. Alternatively, you can call at helpline number or customer care number: +91 78248 78248.

How To Trade In Giottus?

To start trading, follow these simple steps:

  • Visit the official website and create an account on the website. 
  • Now deposit funds and select the crypto asset you want to trade in
  • Place an order and monitor your position regularly. 

Why Does My App Keep Saying Giottus Password Invalid?

It is because you have entered the wrong password or are trying to enter the old password. In this case, the best way is to click on the forgotten password. The feature will let you set up a new password for your account. 

How To Delete Giottus Account?

You can delete your account anytime by withdrawing all the balance at once. However, you are subject to pay outstanding charges (if any). Contact the customer support team to permanently delete your account, and they will provide the best possible resolution. 

How Can I Do Giottus To Binance Transfer?

To successfully transfer your funds to Binance, follow these simple steps:

  • Open the dashboard and tap on the ‘Wallet’ icon.
  • Now search for the token you want to transfer. Open the Binance app and click on the deposit. Now select the crypto token and copy the transfer address. 
  • Go back to the app and paste the address and enter the quantity. Your request will be processed shortly. 

Why Is Giottus Instant Deposit Not Working?

The function may not work due to a technical issue. In that case, you should wait or use the Normal deposit option. Read the complete Giottus review 2023 for more details. 

What Is Giottus Flare?

The Flare refers to the partnership between the exchange and the  Flare Network’s SPARK (FLR) token distribution.

What Is Giottus Volume?

At the time of writing, the platform’s 24-hour volume was $16,399,702.7. The platform allows users to trade 100+ crypto pairs.

What Is Giottus?

It is a leading crypto exchange, specially designed keeping in mind the Indian crypto investors. The platform serves as a one-stop shop for all crypto-related investments and trading services. Today, it is considered the best app for cryptocurrency trading in India.

How To Withdraw From Giottus?

Withdrawing funds from the platform is a two-step process. Here’s a step-by-step process on how to withdraw money :

  • Click Withdraw icon on the homepage. 
  • Enter the amount you wish to withdraw and confirm the mobile OTP verification.
  • Your request will be processed immediately.

How To Generate A Virtual Account In Giottus?

Opening a demo account is similar to opening a real account. Follow these steps to get started: 

  • Firstly, click on the ‘Login’ icon on the homepage. Now, select ‘Register’ for sign-up. Fill in the following fields during Registration – First Name, Last Name, Email id, Password, Mobile Number and Referral Code. 
  • After registration, you will receive an email verification link; click on the link to verify your account. After that, you must verify your mobile number by entering the OTP.
  • Complete the KYC verification by uploading a copy of your government-issued identity documents, such as your Aadhar card and Pan Card. 
  • Following the KYC procedure, you will be redirected to the “Add Bank Details” page. Enter your bank details for deposits and withdrawals of funds.
  • Hurray! You have completed the Giottus registration process. Now, sign in to your account using the login credentials. 

What Is P2P In Giottus?

The P2P exchange facilitates transactions between two parties without needing the exchange. In P2P, buyers can buy without sending INR to the Exchange.

Giottus Which Country Exchange?

It is an Indian crypto exchange platform. It allows users to invest, trade and earn through cryptocurrencies. Read the complete Giottus review 2023 for more details about the exchange. 

How To Buy Bitcoin In Giottus?

Here’s a complete process on how to buy BTC:

  • Open the app and search for Bitcoin with the ticker symbol – BTC.
  • Now, enter the quantity and submit your request.
  • Make a payment, and your purchased BTC will be reflected in your account shortly. 

How To Use Giottus?

The exchange can be used for trading and investing in cryptocurrencies. The platform is easy to use, so it won’t take long to understand it.

How To Transfer Coin From Giottus To WazirX?

To successfully transfer your funds to WazirX, follow these simple steps:

  • Open the dashboard and tap on the ‘Wallet’ icon.
  • Now search for the token you want to transfer. Open the WazirX app and click on the deposit. Now select the crypto token and copy the transfer address. 
  • Go back to the app, paste the address, and enter the quantity. Your request will be processed shortly. 

Why Is Giottus Not Working?

The Platform may sometimes not work due to technical glitches or ongoing site maintenance. In this case, you should wait and try after some time. Alternatively, you can call at helpline number or customer care number: +91 78248 78248.

How To Buy Floki Coin In India?

To buy Floki coins in India, you first need to create an account with a reliable crypto exchange. Alternatively, Giottus is currently the best option available right now. 

How To Buy Kishu Inu In India?

To buy Kishu Inu in India, creating an account with a crypto exchange is a must. You can create a Giottus account to invest in Kishu Inu easily. 

Where To Buy Safemoon Coin In India?

You can easily buy altcoins like Safemoon on Giottus. All you need to do is deposit funds in your account and start investing in Safemoon coins.

Is There Any Promo Code For Giottus? 

The free promo code today is FREEBTC100. Use this code to avail of extra discounts on deposits. Follow us for more free promo codes. 

What Is Giottus Withdrawal Limit? 

There is no minimum withdrawal limit. You can withdraw as much money as you wish to. 

Where To Register Giottus Complaints?

You can raise complaints regarding the platform with the customer support executive. They will try to provide you with a resolution. 

Is Giottus Legal In India?

Yes, it is a legal financial service provider in India. The exchange has been in the Indian crypto industry for more than 4 years, and still, there is not a single scam-related complaint against it.

What Is Net Cost In Giottus?

The Net Cost is a new feature in the platform that help you calculate the investment you have made so far to accumulate your current portfolio. 

How Do I Contact Giottus Customer Care?

You can contact customer support via 

  • Email: [email protected] 
  • Customer care phone number Or Toll-free number: +91 78248 78248
  • Live chat
  • Office: 2nd Floor, Brigade Vantage Building, OMR Road, Kandanchavadi, Chennai, Tamil Nadu – 600096.

What Is Giottus BTT?

The BTT refers to the platform’s program for completing the BitTorrent (BTT) token swap for users. In this program, old BTT tokens will be swapped for new tokens.

What Is Giottus Referral 2?

The new referral 2.0 program has enhanced benefits compared to its previous counterpart. It gives you a once-in-a-lifetime chance to win upto 10,000 free tokens. For every qualified referral, you will win 5 coupons.

What Is Giotus SIP?

The SIP is one feature that attracted our attention and probably everyone visiting the website. This investment product allows investors to invest in Cryptocurrencies at regular intervals. The feature hedges against the market’s high volatility. 

Why Giottus Trade Engine?

The Trade Engine is created to deliver an advanced trading platform by keeping security, efficiency, speed, and scalability in mind. 

Who Is The Founder Of Giottus?

The founder of the Giotus crypto exchange is Vikram Subburaj. 

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